Ease of doing business, Ease of doing business index rank, Business Incorporation, Getting Construction Permits, Resolving Insolvency, Trading across Borders

1. Dr. Parveen NagpalEASE OF DOING BUSINESS IN INDIA
The ease of doing business index ranks countries against each other based on how
the regulatory environment is conducive to business operation stronger
protections of property rights. Economies with a high rank (1 to 20) have simpler
and more friendly regulations for businesses.
The World Bank released its annual ease of doing business report a few weeks ago.
The report entitled “Doing Business 2020: Comparing Business Regulation in 190
Economies” suggested that India had jumped 14 places (from 77th rank in 2018) to
take the take the 63rd rank in 2019 in the World Bank’s ease of doing business
ranking among 190 countries.

2. Dr. Parveen NagpalEASE OF DOING BUSINESS IN INDIA
India climbed the rankings by making it easier to do business in four of the 10
areas of business regulation that the report measures, namely:
1. Business Incorporation
2. Getting Construction Permits
3. Resolving Insolvency
4. Trading across Borders
(Source: BusinessToday.In, October 24, 2019)
https://www.businesstoday.in/current/economy-politics/ease-of-doing-business-
what-policies-have-helped-india-march-forward/story/386455.html

3. Dr. Parveen NagpalEASE OF DOING BUSINESS IN INDIA
With India improving on ‘Ease of Doing Business’ ranking, these 5 states made
their mark (FINANCIAL EXPRESS: Samrat Sharma | Updated: Mar 04, 2020 4:11 PM)
To help the states grow more, the government has prepared the State Reforms
Action Plan that requires states and UTs to have a single-window system across
various departments.
As India rapidly climbed the ladder of Ease of Doing Business ranking in recent
years, a few Indian states have shown improvement faster than the others. Andhra
Pradesh, Telangana, Haryana, Jharkhand, and Gujarat are the top 5 states where
doing business is easiest in the country, said Commerce Minister Piyush Goyal in a
reply to a question in Lok Sabha. From starting a business to dealing with
construction permits, getting electricity, getting credit, paying taxes, trading across
borders, enforcing contracts, resolving insolvency, the government has undertaken
some of the major indicator-wise reforms in recent years.

4. Dr. Parveen NagpalEASE OF DOING BUSINESS IN INDIA
In order to help the states grow more, the government has also prepared the State
Reforms Action Plan (SRAP) that requires states and UTs to have a single-window
system across various departments with features such as allowing online
submission of application without the need to submit physical copies of the
application; eliminating physical touch-point for document submission and
verification; allowing applicant to track status of application online, etc.
While West Bengal, Uttarakhand, Uttar Pradesh, Maharashtra, Odisha, and Tamil
Nadu are the states that are achievers in the states’ ease of doing business list,
Himachal Pradesh, Assam, and Bihar are fastest movers. Goa, Punjab, and Kerala,
among other states, are in the list of aspirers.

5. Dr. Parveen NagpalEASE OF DOING BUSINESS IN INDIA
Meanwhile, 19 States have designed an information wizard providing information
for all approvals, licenses, registrations timelines, a procedure to establish
business/industrial unit and 29 states/ UTs have notified a list of white category
industries exempted from taking pollution clearances, according to Lok Sabha
documents.
In the latest Doing Business Report (DBR), 2020 released by the World Bank on 24
October 2019, India stands at 63rd position out of 190 countries. Since 2014,
India’s rank has gone up from 142 to 63 in 2019.

6. Dr. Parveen NagpalTOO MANY OBSTACLES TO BUSINESS IN INDIA, NEED LESS
SUSPICION AND MICROMANAGEMENT: CHANDRASEKARAN
(INDIAN EXPRESS, 8/9/20)
India is fraught with micromanagement and suspicion, and upping the growth
trajectory requires removing the obstacles that impede businesses, Tata Sons
chairman N Chandrasekaran said on Thursday.
Growth cannot come by merely pushing people to move fast and requires a
transformative vision and a change in the culture, the head of the USD 110-billion
conglomerate said, delivering the Nani Palkhivala Memorial Lecture here. The
comments come amid a slide in growth to a decadal low of 5 per cent expected for
current fiscal, and also years after the Narendra Modi government made ease of
doing business as its priority, along with a commitment to less of government.
“We need to reimagine our economic and business culture. Culture is most critical.
Growth must not come from pushing hard. There is no point to tell people ‘drive
fast, drive fast, drive fast’. It (growth) will come by removing obstacles,” he said.

7. Dr. Parveen Nagpal
A “transformative vision” which will ensure we move away from “a controlled
vision of micromanagement” is the need of the hour, he said.
“We need supervision, we don’t need suspicion. And we have suspicion. All our
rules start from suspicion,” Chandrasekaran said. He rued that people who work
hard and honestly are put through enormous difficulties and Indians excel in
making an ordinary task into an extraordinary one.
There is a massive risk aversion within the system, which has led to an
“undesirable equilibrium” where it is safer to avoid or delay decisions, he said,
pitching for better oversight and supervision of work.
Achieving growth inherently involves risk taking and we need to applaud the risk
takers, he said. The biggest aspect which India needs to sort out at the earliest is
ensuring that we deliver jobs for the society at large, he said, warning that 90
million people will be joining the working age in the new decade.

8. Dr. Parveen Nagpal
From a sectoral perspective, Chandrasekaran flagged construction, real estate,
infrastructure, power, banking and tourism as the areas which need
policymakers’ attention. Chandrasekaran, who sits on the central board of the
RBI, also pitched for reducing the state ownership in the public sector banks
through stake sales as a measure which will ensure they perform better.
Discoms are losing over Rs 1.4 lakh crore every year due to poor distribution and
there is need to privatise them at a city level, he said.
Referring to the government’s USD 5 trillion GDP target, he said none of the
milestones can be achieved without ensuring educated, skilled and vibrant
workforce. He also advocated policy efforts on sustainability, inclusion, health
and education, and added that creativity, collaboration and problem solving
become the “second nature” for the youth.
Chandrasekaran also welcomed government’s efforts at unwinding legacy
problems on public delivery, corruption and tackling non performing assets at
banks.

9. Dr. Parveen NagpalBUSINESS STORIES – BALAJI WAFERS
Chandubhai Virani, the 60-year-old founder and director of Balaji Wafers Private
Limited, started making potato wafers in 1982 with a minuscule investment of Rs
10,000 at a shed erected in the compound of his house. He then went on to build a
company that has reaped Rs 1,800 crore as turnover in 2017.
Balaji Wafers, the largest regional potato wafer and snack brand and the second
biggest player in the potato wafer segment in the country, started small.
Now, despite being concentrated in the western States of Gujarat, Maharashtra,
Goa, Rajasthan and Madhya Pradesh, it is a household name thanks to its strong
distribution network.
As one enters the premises of Balaji Wafers Private Limited in the village of Vajdi
(Vad) around 20 km from Rajkot, a small Balaji temple in the forefront of the 50-
acre factory area, is proof of the faith the owners have in Lord Balaji, from where
the brand name ‘Balaji' came

10. Dr. Parveen NagpalBUSINESS STORIES – BALAJI WATERS
It was in 1972 that Chandubhai’s father, the late Popat Ramjibhai Virani who was
an ordinary farmer, gave three of his sons – Meghjibhai, Bhikhubhai and
Chandubhai – the sum of Rs 20,000 to invest it wisely.
The family then lived in Dhundoraji in Jamnagar district - about 79 km from Rajkot -
and Chandubhai was only 15 years old.
His elder brothers invested in agricultural tools and fertilisers, but lost the money.
Forced to leave in search of earnings by a poor monsoon and subsequent severe
drought, the three brothers came to Rajkot in 1974 while the youngest Kanubhai
stayed back with his parents and two sisters.
Chandubhai, a Class X pass, found a job in Astron Cinema. While his main job was
to serve at the canteen, he also did odd jobs like sticking film posters, door-keeping
and ushering, all for a monthly salary of Rs.90.

11. Dr. Parveen NagpalBUSINESS STORIES – BALAJI WATERS
“At night after the show, I repaired torn seats and in exchange got a plate of
chorafari (a Gujarati snack) and chutney,” shares Chandubhai. “We lived in a rented
place, but one night we ran away from there because we did not have even Rs 50
to pay as rent.” (He later paid the landlord back.)
The brothers started selling various items in the canteen including potato wafers
bought from a supplier, who was always late. This spelt disaster at a movie hall!
“After changing suppliers three times,” says Chandubhai, “I thought – why not
make our own potato wafers?”
By 1982, the whole family had moved to Rajkot and Ramjibhai had bought a house
with a large compound. The family made ‘masala’ sandwiches for the canteen; it
was a hit, but a perishable product and Chandubhai saw a future in wafers because
they could be carried anywhere and everywhere.
With an investment of Rs 10,000, Chandubhai set up a small shed in the compound
and began his experiments with making chips, after canteen work.

12. Dr. Parveen Nagpal
BUSINESS STORIES – JUMBO KING WADA PAV
Jumbo king was founded by Dheeraj Gupta, a third-generation entrepreneur from
his family. Dheeraj’s family has been in the hotel and catering business and also
had their sweet shops. Therefore on completing his MBA from Symbiosis, Pune,
Dheeraj decided he will export sweets to markets with heavy India population, like
Dubai. However, this attempt at exporting sweets didn’t work out well and Dheeraj
had to shut shop.
His second entrepreneurial outing was with street food and he opened an outlet in
suburban Mumbai, in Malad under the name of Chaat Factory. As business grew,
Dheeraj realized the best selling item on their menu was vada pav and decided to
do a more thorough job with this particular food product. Thus began the journey
of Jumboking.

13. Dr. Parveen Nagpal
Thank You
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